25-Sep-2009 2:45 PM
Fitch warns of continued instability, US Airways rallies
Analysis
The majority of North and South American carriers' stocks slipped on Thursday (22-Sep-09), following a weaker than expected decline in Aug-2009 home sales. The AMEX Airline Index (-0.1%) ended trading slightly down, marginally better than the Dow (-0.4%), despite another massive fall in oil prices (-4.5%), to USD65.89.
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